Oil ends week lower on China demand fears

TheStar Sat, Jul 27, 2024 07:26am - 1 month View Original

Brent crude settled down US$1.24, or 1.5%, at US$81.13 a barrel. West Texas Intermediate crude ended US$1.12, or 1.4%, lower at US$77.16 a barrel.

HOUSTON: Oil futures fell about 1.5% on Friday, finishing the week lower on declining Chinese demand and hopes of a Gaza ceasefire agreement that could ease Middle East tensions and accompanying supply concerns.

Brent crude settled down US$1.24, or 1.5%, at US$81.13 a barrel. West Texas Intermediate crude ended US$1.12, or 1.4%, lower at US$77.16 a barrel.

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C H Lim

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一天一种故事

1 month · translate ·